Being a rundown property, was often overlooked due to its unappealing exterior, nicknamed the Ugly Duckling.Renovation ApproachFocused on cosmetic changes rather than structural alterations.

, and I’d love to connect with others who are interested in structuring deals the same way. 

(i.e. initial decorating and painting, bookings, rate structures, marketing, bookkeeping housekeeping, etc)? 

If your property is the only one without a driveway, then yes, it may lower your ARV.One of the properties I own has a neighboring property that is the only property in the area without a backyard and without a driveway, and it is fairly lower than all the neighboring properties, although it is nearly identical in structure.

When developing affordable housing in California (more specifically Los Angeles), how complicated is it to raise capital using subsidies?Is it common for developers to use subsidies to cover 100% of the construction c...

Structure and View ShotWhy it works: Highlights your property’s unique design and surrounding scenery.How to nail it: Pair a ground-level shot with a drone perspective.Example: This listing3.

They switched us to a normal PM structure after 2 years with them on the master lease.

You can create boards for each property and track updates, tasks, and improvements visually.Property Management Software: Some users also leverage software like Appfolio or Buildium for more comprehensive tracking, though these can come at a cost.It really depends on your preference for simplicity versus more structured systems.

The contractor that we have been working with for a while came to take a look at the walls with the structural engineers, and they told us we have to change the structure of the entire kitchen wall.

When you do the turnkey offerings to completely new investors like that, you're going to end up working with a lot of inexperienced investors who blame the turnkey operator for things that are a normal part of the property management business.